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506 Cedar Ln

Sparta, TN 38583

3 bd 2 ba 1,800 sqft Built 1965 Lot 20,790 sqft single_family
Most recent sale
$235,000
Apr 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 4, 2022 Sold $235,000 MLS #207453
Oct 27, 2021 Listed $229,900 MLS #207453

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $26,425 $785
2019 $21,150 $656
2018 $21,150 $656
2017 $21,150 $656
2016 $21,150 $656
2015 $21,150 $656
2014 $21,575 $626
2013 $21,575 $626
2012 $21,575 $626
2011 $21,575 $626
2010 $21,575 $626
2009 $17,375 $537
2008 $17,375 $537
2007 $17,375 $537

Property facts

Year built
1965
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,800 sqft
Lot size
20,790 sqft
ZIP code
38583
City
Sparta
Street
Cedar Ln
Coordinates
35.93762, -85.47687

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,700
Gross rental yield
13.79%
Implied cap rate
8.96%
Trend-extrapolated value

Frequently asked questions

When did 506 Cedar Ln last sell?
506 Cedar Ln most recently sold on Apr 4, 2022 for $235,000.
What is the current tax assessment for 506 Cedar Ln?
The most recent total assessment for 506 Cedar Ln (year 2020) is $26,425 with $785 in property tax.
How does 506 Cedar Ln's assessment compare to its last sale price?
The current assessment is 88.8% below the last sale price of $235,000.
When was 506 Cedar Ln built?
506 Cedar Ln was built in 1965.
How does 506 Cedar Ln compare to others on Cedar Ln?
We track 6 other properties on Cedar Ln. Browse the list under "Other properties on Cedar Ln" to compare beds, baths, and sale history.
What are the property facts for 506 Cedar Ln?
506 Cedar Ln is a 3 bed, 2 bath, 1,800 sqft, 20,790 sqft lot single_family.
Is 506 Cedar Ln a flip candidate?
No — 506 Cedar Ln does not appear in our flips dataset.
Is 506 Cedar Ln a tax-appeal candidate?
No — 506 Cedar Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.5%
Implied 1-yr
+13.9%
2026 Q3
$346.3K
2026 Q4
$356.1K
ZIP 38583 — Median Price History + Forecast

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